Loading...
9.3. SR 09-21-2020 Request for Action To Item Number Mayor and City Council 9.3 Agenda Section Meeting Date Prepared by Work Session September 21, 2020 Amanda Erickson, Environmental Coordinator Item Description Reviewed by LORE Project Budget Brandon Wisner, Stormwater Coordinator Reviewed by Cal Portner, City Administrator Action Requested Provide direction regarding Lake Orono Restoration and Enhancement (LORE) project and budget. Background/Discussion New Look Contracting Inc. was awarded the bid for the project for $2,117,140.00 on September 8, 2020. The lake drawdown was completed on September 15. Staff continues to work with WSB & Associates for overall project management. The project budget was approved at $3.25 million with $1.5 million in state grant funding, $1 million from Active Elk River and the remaining portion paid by adjacent lakeshore property owners. Estimated assessment costs were discussed with City Council as part of the LORE Feasibility Summary on May 15, 2020. Project costs also include approximately $250,000 in engineering, consulting, and legal fees. The Council requested a discussion regarding the project budget before the construction phase. Financial Impact The overall project budget is $3.25 million. Mission/Policy/Goal Active Elk River Attachments  N/A The Elk River Vision A welcoming community with revolutionary and spirited resourcefulness, exceptional service, and community engagement that encourages and inspires prosperity. Updated: August 2020